EURUSD broke below 1.1662 support, indicating that the whole uptrend from 1.0340 (Jan 3 low) had completed at 1.2092 already. Further decline could be expected after a minor consolidation and next target would be at the resistance-turned-support...
The EUR/USD pair initially went sideways on Wednesday, but then reached above the 1.18 level. That’s a very bullish sign, and I think we are going to continue to go much higher, perhaps reaching towards the 1.1850...
EURUSD continued its sideways movement in a trading range between 1.1725 and 1.1879. The sideways movement is likely consolidation of the short term uptrend from 1.1669. Another rise could be expected after the consolidation and a breakout...
The EUR/USD pair rallied a bit during the day on Tuesday, reaching towards the 1.1775 level. The market pulled back a little bit from there, but as the Americans came on board, we continue to see bullish...
EURUSD moved sideways in a trading range between 1.1725 and 1.1879. An upside break of 1.1795 resistance could trigger another rise towards 1.1879. Above this level could aim next resistance level at 1.2029. On the downside, below...
The EUR/USD pair initially fell on Monday, bounced a bit towards the 1.1775 level, but then rolled over significantly to reach down towards the 1.1725 handle before slightly bouncing again. If we break down to a fresh,...
EURUSD extended its downside movement from 1.1879 to as low as 1.1725, breaking below 1.1730 support. Deeper decline to test 1.1662 (Aug 17 low) support is still possible, and a breakdown below this level could trigger further...
EURUSD moved sideways in a trading range between 1.1730 and 1.1879. As long as 1.1730 support holds, the side movement could be treated as consolidation of the uptrend from 1.1669 and one more rise towards 1.2029 resistance...
EURUSD failed in its attempt to break below 1.1662 key support, indicating that the pair remains in the uptrend from 1.0340. As long as the price is above 1.1662 level, the price action in the trading range...
The EUR/USD pair broke down significantly during the day on Friday, driving down towards the 1.1775 handle. The US looks likely to have a reasonably hawkish Federal Reserve Chairman going into the future, and it makes sense...
